USD/CAD
Following Christopher Lewis’s analysis of the USD/CAD “We feel that this market should continue to go higher”, an investment opportunity on the following instruments is created: “High”, “Touch up” and “No touch down”.
I logged in the OptionFair™ binary options trading platform and I traded $1600 on the "High" instrument. This kind of option has a return of 81% if the option closes above the target price, which means that if the signal is correct I could get a return of $1296 on my investment.
The market price for USD/CAD at the buying time (10:51) was 1.05473 for the expiration of 11:00. The Asset closed on 1.05493 and I made $1296.
AUD/USD
Following Christopher Lewis’s analysis of the AUD/USD, “The market will continue to be volatile, but in general looks like it will fall overall. The 0.90 level will be targeted in my opinion”, an investment opportunity on the following instruments is created: “Low”, “Touch down” and “No touch”.
I logged in the OptionFair™ binary options trading platform and I traded $1500 on the "Touch down" instrument. This kind of option has a return of 70% if the option closes below the target price, which means that if the signal is correct I could get a return of $1050 on my investment.
The market price for AUD/USD at the buying time (10:49) was 0.91511 and the target price was 0.91493 for the expiry of 11:00. The market reached my target price at 10:56 and I made $1050.